Nouveau Monde Graphite Inc. (NYSE:NMG – Free Report) – Roth Capital issued their Q1 2026 earnings per share (EPS) estimates for Nouveau Monde Graphite in a research report issued to clients and investors on Tuesday, May 20th. Roth Capital analyst J. Reagor expects that the company will post earnings per share of ($0.06) for the quarter. The consensus estimate for Nouveau Monde Graphite’s current full-year earnings is ($0.47) per share. Roth Capital also issued estimates for Nouveau Monde Graphite’s Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at ($0.06) EPS and Q4 2026 earnings at ($0.06) EPS.
Several other analysts have also issued reports on NMG. HC Wainwright cut their price objective on Nouveau Monde Graphite from $3.00 to $2.75 and set a “buy” rating for the company in a report on Tuesday, April 1st. Roth Mkm cut their target price on Nouveau Monde Graphite from $3.00 to $2.40 and set a “buy” rating on the stock in a report on Wednesday, March 26th.
Nouveau Monde Graphite Price Performance
Shares of NYSE:NMG opened at $1.74 on Wednesday. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.02. Nouveau Monde Graphite has a 1 year low of $1.22 and a 1 year high of $2.57. The business has a fifty day simple moving average of $1.68 and a 200 day simple moving average of $1.67. The firm has a market cap of $195.89 million, a price-to-earnings ratio of -2.72 and a beta of 0.74.
Nouveau Monde Graphite (NYSE:NMG – Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.02).
Hedge Funds Weigh In On Nouveau Monde Graphite
Several institutional investors have recently bought and sold shares of NMG. SBI Securities Co. Ltd. acquired a new stake in shares of Nouveau Monde Graphite in the fourth quarter valued at about $26,000. Arkadios Wealth Advisors acquired a new stake in Nouveau Monde Graphite during the first quarter worth about $45,000. Millennium Management LLC grew its position in Nouveau Monde Graphite by 51.9% during the fourth quarter. Millennium Management LLC now owns 47,755 shares of the company’s stock worth $76,000 after buying an additional 16,312 shares in the last quarter. Bank of Montreal Can boosted its holdings in Nouveau Monde Graphite by 46.2% during the fourth quarter. Bank of Montreal Can now owns 48,430 shares of the company’s stock valued at $76,000 after purchasing an additional 15,300 shares in the last quarter. Finally, Quinn Opportunity Partners LLC boosted its holdings in Nouveau Monde Graphite by 207.7% during the fourth quarter. Quinn Opportunity Partners LLC now owns 74,068 shares of the company’s stock valued at $118,000 after purchasing an additional 50,000 shares in the last quarter. 41.09% of the stock is currently owned by institutional investors.
Nouveau Monde Graphite Company Profile
Nouveau Monde Graphite Inc engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. The company’s flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec.
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